Miranda Kerr, 2011, “Fantasy Treasure Bra”

Kerr was chosen to model this year’s Victoria’s Secret Fantasy Treasure Bra, which is valued at $2.5 million and is intended to invoke “the movement, rich colors and treasures of the sea.”The plush, azure-hued push-up brassiere, created in collaboration with Long Island’s London Jewelers, is handset with nearly 3,400 precious stones, including 142 carats of white and yellow diamonds, pearls, faceted citrines and aquamarines, all set in 18-karat white and yellow gold. The centerpiece are two massive white diamonds — each more than 8 carats — and two 14-plus-carat yellow diamonds. Let’s walk on, through the pictures, 10 years of Victoria’s Secret’s Fantasy Bra models.

Adriana Lima, 2010, “Bombshell Fantasy Bra”

The shimmering masterpiece ended up with 142 carats of jewelry comprised of 60 carats of white diamonds and 82 carats of topazes and sapphires – which brings the price tag to a cool $2 million.

Marisa Miller, 2009, “Harlequin Fantasy bra”

Created by Damiani, the 2009 Harlequin Fantasy bra is hand set with over 2,350 white, champagne and cognac-colored diamonds in a harlequin pattern. The bra also has a heart-shaped 16-carat champagne diamond dangling from the Very Sexy Convertible bra. The bra can be worn in five ways: strapless, halter, crossback, one-strap or classic. It has a total carat weight of 150 carats and sells for $3 million.

Adriana Lima, 2008, “Black Diamond Fantasy Miracle Bra”

The Black Diamond Fantasy Miracle Bra was created by jeweler Martin Katz and is set with 3,575 black diamonds, 117 certified one carat white round diamonds and 34 rubies. Two black diamond drops weighing a total of 100 carats swing down from the bra. It is selling for $5 million.

Selita Ebanks, 2007, “Fantasy Bra”

The 2007 Fantasy Bra, modeled by Selita Ebanks includes a thong, garter, cuff bracelet and matching barrette with a holly and poinsettia theme. The entire collection is composed of $4.5 million worth of diamonds, rubies, emeralds and yellow sapphires embroidered into a push-up bra created by jeweler Mouawad.

Karolina Kurkova, 2006, “Hearts On Fire Diamond Fantasy Bra”

This bra is worth $6.5 million and is studded with more than 2,000 Hearts on Fire diamonds with a 10-carat diamond brooch centerpiece.

Gisele Bundchen, 2005, “Sexy Splendor Fantasy Bra”

Gisele Bundchen modeled the 2005 Fantasy Bra which was done in 18K white gold with over 2900 pave set diamonds, 22 ruby gemstones and a massive 101 karat diamond. The bra sells for $12.5 million.

Tyra Banks, 2004, “The Heavenly “70″ Fantasy Bra”

This creation features a 70-carat pear-shaped diamond in the center and 2,900 pave diamonds in an 18-carat white gold setting. Over 275 hours of labor went into the bra which costs $10 million, created by Mouawad.

Heidi Klum, 2003, “Very Sexy Fantasy Bra”

Another 370-hour Mouawad creation, the Very Sexy Fantasy bra was designed in 2003. It trumped the Star of Victoria with its 70-carat Mouawad Excelsior diamond.

Karolina Kurkova, 2002, “Star of Victoria Fantasy Bra”

This bra, made with 1,150 ruby roses and 1,600 emerald leaves, was created by Mouawad in 2002. It took over 370 hours of work to make and featured the 60-carat Mouawad Mondera diamond.

Heidi Klum, 2001, “Heavenly Star Bra”

Studded with 1,200 Sri Lankan pink sapphires, this bra features a 90-carat emerald cut diamond as its centerpiece. That diamond alone, in fact, is worth $10.6 million. For an additional $750,000, one could even purchase a pair of matching briefs.

Heidi Klum, 2000,”Red Hot Fantasy Bra”

The most expensive bra in the world,the Red Hot fantasy bra and panties are worth $15 million and like many seriously pricey items they are not the most practical. Imagine trying to hide red satin encrusted with 1,300 precious stones and 300 carats of Thai rubies under your dress or top?